David Ramirez
Mixed Use

Commercial Sale · Mixed Use

$15,000,000121,789 sq ft$123 /sq ft

2828 SW 37th Ave, Miami FL 33133, MIAMI, FL, 33133

Active135 days on marketListed Mar 30, 2026MLS #A11991955

About this property

The property at a glance

PORTOFOLIO INCLUDING 7 PROPERTIES SIDE BY SIDE: PERFECTLY LOCATED ON WELL KNOWN DOUGLAS RD- 42,000 Sq. Ft. ZONING T5-0 +3 = AUTHORIZED FOR 8 STORIES. DEVELOPEMENT PORTOFOLIO SITE OF 7 PROPERTIES ASSEMBLED CORNER LOTS WITH LARGE FRONTAGE ON DOUGLAS RD. ACROSS DOUGLAS RD IN FRONT OF RENOVATED "DOUGLAS PARK". INCLUDED IN THE SALE ARE THE FLOOR PLANS APPROVED FOR A 8 STORIES MIXED USED BUILDING 3 STORIES OF PARKING AND 5 STORIES (135 CONDO APARTMENTS). THE PORTOFOLIO INCLUDES THE FOLLOWING PROPERTIES: 3700 SW 28th St + 2810 SW 37th AVE + 28 14 SW 37th AVE + 2816 SW 37th AVE + 2828 SW 37th Ave + 2824 SW 37th AVE + 2828 SW 37h AVE. GREAT LOCATION BETWEEN CORAL GABLES, COCONUT GROVE AND MIAMI INTERNATIONAL AIRPORT.

121,789

Building sq ft

$123

Price / sq ft

42,000

Lot sq ft

1950

Year built

3901

Zoning

Mixed Use

Property type

Building size121,789 sq ft
Lot size42,000 sq ft
Year built1950
Zoning3901
Business typeMedical Office, Residential-Multi-Family

The numbers

Investment snapshot

Month To Month

Lease term

Estimated payment (illustrative)

Down payment25% · $3,750,000
Interest rate6.00%
Loan term

Estimated payment

$81,359/mo

Principal & interest$67,449
Est. property taxes$13,750
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

19,000vehicles / day · 2025Main Hwy to Sr-972/Sw 22 St · Traffic count · Florida DOT

What’s nearby

VolkswagenRetail0.2 mi
Rinconcito Superlatino 4Restaurant0.2 mi
Four Points by Sheraton Coral GablesLodging0.3 mi
Formula One Sports CarsRetail0.3 mi
Wendy'sRestaurant0.3 mi
WalgreensBank0.3 mi
Milam's Market - Coral Gables (East)Grocery0.3 mi
Tesla Coral GablesRetail0.3 mi
AudiRetail0.4 mi
FerrariRetail0.4 mi
PorscheRetail0.4 mi
Caffe VialettoRestaurant0.5 mi
7-ElevenGrocery0.5 mi
McDonald'sRestaurant0.5 mi
AldiGrocery0.5 mi
GROU Coffee + CoworkRestaurant0.5 mi
Loews Coral Gables HotelLodging0.5 mi
Bank of AmericaBank0.6 mi
Grove LiquorsRetail0.6 mi
BP ShopGrocery0.6 mi
Frenchies DinnerRestaurant0.6 mi
Taco BellRestaurant0.6 mi
Milam's MarketGrocery0.6 mi
Shops at Merrick ParkRetail0.6 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

1,358

Population

$85,108

Median income

39

Median age

2

Avg household

$740,633

Median home value

$2,443/mo

Median rent

67%

Households w/ kids

Consumer profile

Yoga AdvocatesTop 8%

Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.

Wealth SignalingTop 9%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Mindfulness & SpiritualityTop 12%

Seeking peace and well-being through meditation, gratitude and spirituality.

All About HairTop 14%

Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.

Deal SeekersTop 17%

These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.

Live ExperiencesTop 20%

When it comes to entertainment, this population is looking for the ultimate experience. Whether it's a charity fundraiser or a concert, elements such as lights, sounds, and merchandise are critical for a good time.

Recent sales

What actually sold near 2828 SW 37th Ave

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1600 Ponce De Leon Blvd # D, Coral Gables FL 33134

$45

1600 Ponce De Leon Blvd # D, Coral Gables FL 33134

Sold Apr 28, 2025

497 NW 27th Ave # 497, Miami FL 33125

$1,650

497 NW 27th Ave # 497, Miami FL 33125

Sold Jan 10, 2025

2635 SW 12th St, Miami FL 33135

$5,925,000

2635 SW 12th St, Miami FL 33135

Sold Mar 7, 2025

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 2828 SW 37th Ave — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 2828 SW 37th Ave.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Listing courtesy of Realty Group of Miami, LLC · Roger Pardo. MLS #A11991955.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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